Former German Chancellor Gerhard Schroder steps down as director at Russia’s top crude oil producer Rosneft By Milo Pope For The Daily Mail Published: 16:50 EDT, 20 May 2022 | Updated: 03:44 EDT, 21 May 2022 Former German Chancellor Gerhard Schroder has stepped down as director at Russia’s top crude …
Read More »MARKET REPORT: Flutter and Entain soar on Blackstone deal
London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone. Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …
Read More »Royal Mail at a ‘crossroads’: Should investors take the plunge?
Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …
Read More »Talks to avert first nationwide postal strike since privatisation at crucial stage
Talks to avert first nationwide postal strike since privatisation enter crucial phase as Royal Mail prepares to unveil big jump in profits By Patrick Tooher, Financial Mail On Sunday Published: 16:52 EDT, 14 May 2022 | Updated: 16:52 EDT, 14 May 2022 Talks to avert the first nationwide postal strike …
Read More »MARKET REPORT: Mining shares in a hole updates as production slumps
MARKET REPORT: Mining shares in a hole as production slumps due to rising costs, labour shortages and extreme weather By Calum Muirhead For The Daily Mail Published: 21:50, 21 April 2022 | Updated: 21:50, 21 April 2022 Mining stocks weighed heavily on the FTSE 100 following a series of bleak …
Read More »Rishi asks Royal Mint to create a ‘non-fungible token’
Rishi tells Royal Mint to create a ‘crypto token’ in bid to make Britain a global hub for digital technology By Lucy White For The Daily Mail Published: 22:03, 4 April 2022 | Updated: 22:29, 4 April 2022 Rishi Sunak has asked the Royal Mint to create a so-called ‘non-fungible …
Read More »Hedge funds bet against retailers as squeeze bites
British retailers such as Asos and B&Q owner Kingfisher being targeted by hedge funds making huge bets that they will struggle By Daily Mail City & Finance Reporter Published: 21:50, 3 April 2022 | Updated: 00:11, 4 April 2022 British retailers such as Asos and B&Q owner Kingfisher are being …
Read More »Royal Bank of Canada swoops on 260-year-old City stalwart Brewin Dolphin
Royal Bank of Canada swoops on Brewin Dolphin in £1.6bn deal: 260-year-old City stalwart set to fall into foreign hands with shares soaring 61% By John Abiona and Calum Muirhead For The Daily Mail Published: 22:20, 31 March 2022 | Updated: 22:33, 31 March 2022 One of the City of …
Read More »Hedge funds call billionaire’s bluff as they bet £115m AGAINST Royal Mail
Hedge funds laying siege to Royal Mail as its largest investor, Czech billionaire Daniel Kretinsky, faces financial pressure from war in Ukraine By Alex Lawson, Financial Mail On Sunday Published: 21:51, 26 March 2022 | Updated: 21:51, 26 March 2022 Under pressure: Daniel Kretinsky with his girlfriend Anna Kellnerova Hedge …
Read More »Hut Group picks City veteran Charles Allen chairman
Hut Group picks City veteran Charles Allen chairman in bid to shore up support among investors By Archie Mitchell For The Daily Mail Published: 01:30, 23 March 2022 | Updated: 01:44, 23 March 2022 Troubled online retailer The Hut Group (THG) has named former ITV boss Charles Allen chairman in …
Read More »